May 14, 1989 |
Taikichiro Mori is reputed to be the second-richest man in the world. But one would never know it. Last year, the quiet, 85-year-old real estate magnate came in second on Forbes magazine's list of the world's richest men with assets estimated at $18 billion, mostly fabulously expensive real estate in central Tokyo. But Mori, who retains the air of the college professor he was until 30 years ago, does not spend lavishly. He does not collect the objects the Japanese wealthy usually spend money on--antique tea ceremony bowls or expensive cars--and lives in a modest Tokyo apartment that one employee described as very ordinary.
October 1, 1988 |
While a student in the late 1940s at Tokyo University, Seiji Tsutsumi enraged his capitalist father by demonstrating on behalf of left-wing causes. He paid a hefty price. When father Yasujiro died in 1964, he left the bulk of his real estate and transportation empire to Seiji's reportedly illegitimate half-brother Yoshiaki, whom Forbes magazine has identified as the world's richest man.
October 13, 1987 |
America's 400 richest people are worth $220 billion--a whopping 41% jump from last year and enough money to wipe out the 1986 U.S. budget deficit, Forbes magazine reports. No. 1 on the list for the third year is retail king Sam M. Walton, whose assets from his Wal-Mart discount stores nearly doubled to $8.5 billion. That is more than the gross national product of many Third World countries. Walton is one of 49 billionaires to top the list, nearly twice as many as appeared there last year.
September 22, 1987 |
--William Schreiber has a one-track mind when it comes to trains. He loves them, and for years collected models. So it seems only natural that he should make his home in a 1912 railroad car. "I first thought I could get myself a mobile home, and then I said to myself, 'Why not get the ultimate and buy the original mobile home?' " said Schreiber, 70, who lives with his German shepherd, Hexie, in Marion, Ill.
April 20, 1987
A Japanese billionaire is considering buying the Seattle Mariners, says American liaison Cappy Harada, who represents a group of Seattle residents who want to keep the team in their town. "I am optimistic that if approached right, a deal can be struck," said Harada, who was reached by telephone in Tokyo. Harada said he had talked with Hiroshi Yamaguchi, managing director of the Seibu Corp. and top assistant to corporation chairman and billionaire Yoshiaki Tsutsumi.